The news of todays mini budget and the latest increase in interest rates has left me feeling rather anxious for the well-being of the lesser well off, disabled and elderly.
Household budgets for the poorest are already stretched to the point of breaking by the ever increasing cost of living and as usual the poorest are paying the highest cost as a result.
Please note, I’m not just writing about working people as most journalists reporting on this appear to be doing. I’m including everyone that is unable to work for whatever reason that may be albeit disability or commitments and so on.
Everyone matters not just the few.
Bank of England increases interest rates.
Today the Bank of England has increased UK base rates by 0.5% points from 1.75% to 2.25% making it the highest that it’s been since 2008. The effect of this will be felt…
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